457(b) Plan Investment Advisory Services
Closed State & local contract opportunity Posted
- Solicitation number
- RFP25-18415-KM
- State
- Texas
- Responses due
Opportunity facts
- NIGP codes
- UNSPSC codes
- 80151500 Trade facilitation
- 80151600 International trade services
- 93171500 Trade policy
- 93171600 International trade
- 93171700 Customs administration and compliance
- 93171800 Trade analysis
- 80101501 New business start up consultation services
- 80101508 Business intelligence consulting services
- 80151501 Commodity policy or projections services
- 80151502 Trade expansion
Show all 42
- 80151503 Trade information services
- 80151504 Trade promotion services
- 80151601 Export development
- 80151602 Import planning
- 80151603 Export projections
- 80151604 Import procurement services
- 80161509 Vendor management services
- 93171802 Balance of trade projections
- 93141711 Traditional handcrafts promotion services
- 93171801 Trade projections
- 93171803 Trade statistics
- 64102000 Investment accounts
- 84121700 Investment advice
- 64102001 Education savings account
- 64102002 Health savings account
- 64102003 Individual retirement account IRA, corporate
- 64102004 Individual retirement account IRA, personal
- 64102005 Individual retirement account IRA, public sector
- 64102006 Simplified employee pension SEP account
- 64102007 Basic investment account
- 64102008 Managed investment account
- 84101701 Debt negotiation
- 84101702 Debt reorganization
- 84101703 Debt servicing
- 84121701 Investment advisers
- 84121702 Investment policy
- 84121703 Investment analysis
- 84121704 Investment agreements
- 84121705 Market data
- 93141902 Rural investment services
- 84131700 Pension funds
- 84131800 Retirement funds
Opportunity details come from txsmartbuy.com. Updated .
About this opportunity
The City of Lubbock is seeking proposals from highly qualified investment advisory firms to provide comprehensive investment advisory services for its 457(b) Deferred Compensation Plan. The selected firm will serve as a fiduciary advisor, working closely with the City's Oversight Committee to ensure the prudent management of Plan assets while complying with all applicable local, state, and federal laws. The services must align with the goals of maintaining a robust, compliant, and participant-focused Plan. The contract term will be for one year, with an option to renew for up to four additional one-year periods. The proposal must include a maximum not-to-exceed flat fee, charged on a quarterly basis, to cover all advisory services rendered. The evaluation criteria focus on the firm's background and experience, fiduciary responsibilities, advisory team qualifications, investment management approach, reporting and technology, compliance and regulatory oversight, participant services, and fee structure.
The City of Lubbock values transparency and cost efficiency, and the fee structure should reflect these principles while delivering high-quality advisory services. The RFP does not mention any set-aside designations or restrictions on the types of organizations that can respond. There is no information provided about incumbent vendors or current contractors, or any existing infrastructure or technology that requires integration. The RFP also does not include any listed award values or budget ranges.
Files
| File | Type | Posted |
|---|---|---|
| ESBD_379385_1728934910434_01 - RFP 25-18415-KM.pdf |
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